NEPSE Identifies 112 Companies Eligible for Stock Dealer Trading: Insights and Implications
Author
NEPSE trading
The Nepal Stock Exchange (NEPSE) has identified only 112 companies as eligible for trading out of a total of 314 companies currently being traded.
Today, trading took place for shares of 314 companies on NEPSE. However, NEPSE officially announced that only 112 companies meet the criteria to be considered eligible for trading.
According to NEPSE's statement, "In accordance with Clause 3(2) of Chapter 2 of the Securities Dealer (Stock Dealer) Operating Guidelines, 2077, the companies listed below are updated as eligible for trading for the fiscal year 2081/82, as per the provisions outlined in Clause 3(10) of the same guidelines. This update includes 112 companies."
NEPSE's Information Officer, Murahari Parajuli, clarified that the announcement pertains to companies eligible for trading by stock dealers. He explained, "NEPSE has published a list of 112 companies that stock dealers are allowed to trade. This does not imply that other companies are ineligible; it simply means that these 112 companies are the ones authorized for dealer trading."
Among the eligible companies, there are:
26 microfinance institutions,
25 hydropower companies,
19 commercial banks,
9 development banks,
5 finance companies,
7 life insurance companies,
11 non-life insurance companies,
6 investment companies, and
2 companies each from the production and other sectors.
This announcement highlights NEPSE's adherence to specific criteria for identifying companies eligible for stock dealer trading.